Cohen & Steers (Cohen & Steers) ROCE % : 24.50% (As of Dec. 2023)

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What is Cohen & Steers ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Cohen & Steers's annualized ROCE % for the quarter that ended in Dec. 2023 was 24.50%.

Cohen & Steers ROCE % Historical Data

The historical data trend for Cohen & Steers's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Cohen & Steers ROCE % Chart

Cohen & Steers Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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40.63

28.12

66.94

39.94

26.00

Cohen & Steers Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															30.61	29.12	28.17	24.50	25.06

Cohen & Steers ROCE % Calculation

Cohen & Steers's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	179.095	/	( ( (673.379 - 17.006)	+	(736.554 - 15.46) )	/ 2 )
	=	179.095	/	( (656.373	+	721.094)	/ 2 )
	=	179.095	/	688.7335
	=	26.00 %

Cohen & Steers's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	168.308	/	( ( (673.908 - 21.222)	+	(736.554 - 15.46) )	/ 2 )
	=	168.308	/	( ( 652.686	+	721.094 )	/ 2 )
	=	168.308	/	686.89
	=	24.50 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Cohen & Steers (NYSE:CNS) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Cohen & Steers ROCE % Related Terms

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Cohen & Steers (Cohen & Steers) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Cohen & Steers Inc (NYSE:CNS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

FG9:Germany

Address

280 Park Avenue, 10th Floor, New York, NY, USA, 10017

Website

https://www.cohenandsteers.com

Cohen & Steers is a niche asset manager concentrating on real estate securities. The firm invests mainly in the equity shares of real estate investment trusts, with holdings in domestic and international real estate securities accounting for close to two thirds of its $75.2 billion in managed assets at the end of September 2023. Cohen & Steers also manages portfolios dedicated to preferred securities, utilities stocks, and other high-yield offerings. The firm's distribution is balanced among its closed-end funds, open-end funds, and institutional accounts. During the past four calendar quarters, the company garnered 41% (26%) of its managed assets (base management fees) from institutional clients, 45% (53%) from open-end funds, and 14% (21%) from closed-end funds.

Executives

Elena Dulik	officer: Chief Accounting Officer	280 PARK AVE, 10TH FLOOR, NEW YORK NY 10017
Richard P Simon	director	COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
Brandon Brown	officer: Executive Vice President	280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Martin Cohen	director, 10 percent owner, officer: Executive Chairman	C/O COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
Alicia Dee	officer: Executive Vice President	280 PARK AVE, 10TH FLOOR, NEW YORK NY 10017
Michele Nolty	officer: Executive Vice President	C/O COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
Francis C Poli	officer: See Remarks	280 PARK AVENUE, 10TH FLOOR, C/O COHEN & STEERS, NEW YORK NY 10017
Matthew S. Stadler	officer: Chief Financial Officer, EVP	C/O COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
John Todd Glickson	officer: Senior Vice President	280 PARK AVE, 10TH FLOOR, NEW YORK NY 10017
Dasha Smith	director	C/O COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
Daniel P Charles	officer: Executive Vice President	C/O COHEN & STEERS, INC., NEW YORK NY 10017
Jon Cheigh	officer: Executive Vice President	C/O COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
Edmond D Villani	director	COHEN & STEERS, INC., 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Peter L Rhein	director
Reena Aggarwal	director	C/O COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017